Domain name reseller
The World Wide Web is an ever-developing system that delivers new options to earn money online. One of these ways is to become a domain name reseller and sell domain names to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently active domain names, so this is a thriving trading niche that you can become a part of.
TLDs and SLDs
A domain name is composed of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the requirements that each specific Top-Level Domain may include, among them the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to clients and administer all DNS resource records.
Make Cash From Trading Domains
Plenty of Registrars have reseller programs that enable individuals to make cash from selling domains to end users. If you register with such a program, you can begin your very own personal online business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more individuals in local communities or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domain Names Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will have a web hosting Control Panel where you can select the prices for the various Top-Level Domains that the Registrar provides. Most companies also offer billing transaction software and web design skins for your virtual shop, and the automation of the whole process combined with the large demand for domain names make the domain reseller business niche so attractive. You will either receive a ready-for-use website and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own online portal and order form. Commonly, you have the opportunity to pick between the two options, so it all revolves around how advanced you are in these issues. As a domain reseller, you will work on behalf of your very own brand name and not under the Registrar's brand.
Earn Revenue From Offering Site Hosting Packages Too
A sensible addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to customers who want to develop their site and demand both a domain and a website hosting account. A few companies provide such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free invoice management software to bill your customers. You can then offer domains and shared website hosting plans to customers, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to persons from all over the world.